The News – Capital Media
The News – Capital Media
  • Geneva: 11 Cars Seized Property of Son of Equatorial Guinea President

  • The cars belonging to Teodorin Obiang were confiscated Monday in the freight zone at Geneva's airport, said Henri Della Casa, spokesman for the Geneva prosecutor's office

, photo: AP/Laurent Gillieron

03 of November 2016 15:01:29

GENEVA — Eleven luxury vehicles and sports cars belonging to the son of Equatorial Guinea's president have been seized in Geneva as part of a preliminary investigation into alleged corruption, authorities said Thursday.L'Hebdo magazine reported on its Web site that the vehicles included a Bugatti Veyron valued at 2 million euros ($2.2 million), and a Swedish-made Koenigsegg One:1. Koenigsegg spokesman Steven Wade said only seven of those models have been produced at a base price of $2.8 million.Vincent Derouand, another spokesman for the prosecutor's office, provided a list of the seized vehicles later Thursday that also included at least three Ferraris, a McLaren P1, and an Aston Martin One77.Obiang is facing a preliminary investigation in Switzerland in connection with a case in neighboring France, where he faces trial for alleged misspending of public funds.

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